Arkansas § 14-58-203 - Appropriations and changes.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-58-203 — Appropriations and changes., with citation guidance and answers to common questions.
§ 14-58-203. Appropriations and changes.
The approval by the municipal governing body of the budget under this subchapter shall, for the purposes of the budget from time to time amount to an appropriation of funds which are lawfully applicable to the items therein contained. The governing body may alter or revise the budget and unpledged funds appropriated by the governing body for any purpose may be subsequently, by action of the governing body, appropriated to another purpose, subject to the following exceptions: Funds resulting from taxes levied under statutes or ordinances for specific purposes may not be diverted to another purpose; Appropriated funds may not be diverted to another purpose where any creditor of the municipality would be prejudiced thereby.
Frequently Asked Questions About Arkansas § 14-58-203
What does Arkansas Code of 1987 Annotated § 14-58-203 cover?
Section 14-58-203 ("Appropriations and changes.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 14-58-203?
A common citation format is "Arkansas Code of 1987 Annotated § 14-58-203" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 14-58-203 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.